86
86
Jan 25, 2013
01/13
by
CNBC
tv
eye 86
favorite 0
quote 0
in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all the oils because more oil will be used when things get better sending the hesses and conocos higher with them. that's how schlumberger can be ten points above where it was when it pre-announced a shortfall. and, of course, any uptick in employment has huge implications for autos and for homes where for a couple of years we were building homes at a rate that came in under what we were building when we had half as many people in this country. more homes means more retailers doing business to fix those homes, and it means more businesses for the banks, the processed home loans and that group gets
in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all...
84
84
Jan 25, 2013
01/13
by
WBAL
tv
eye 84
favorite 0
quote 0
the higher payroll taxes, and the general sense that the economy's not getting any better. is it? the answer's simple. why you may not think the overall economy is getting better, you're missing the big picture, partner. if you were to ask me to game the market using just one figure, one figure only, it wouldn't be what apple earns, the gross domestic product, the growth rate of earnings or the dividend yield of the s&p, it would be the weekly jobless claims. the weekly jobless claims is an indicator of future employment in this country. there's absolutely no coincidence that we had five-year highs today in the stock market. at the same time that unemployment claims hit five-year lows. it isn't fanciful that the market's roaring because jobs are being created at an accelerating pace. it's the most important determinant of the stock market. after all, the market got crushed when unemployment went above 5.5% and soared right into the great recession. i think these positive jobless numbers are occurring because of the certainty that comes from putting a presidential election and a ta
the higher payroll taxes, and the general sense that the economy's not getting any better. is it? the answer's simple. why you may not think the overall economy is getting better, you're missing the big picture, partner. if you were to ask me to game the market using just one figure, one figure only, it wouldn't be what apple earns, the gross domestic product, the growth rate of earnings or the dividend yield of the s&p, it would be the weekly jobless claims. the weekly jobless claims is an...
153
153
Jan 30, 2013
01/13
by
CNBC
tv
eye 153
favorite 0
quote 0
would the alternative minimum tax snare millions of people? would businesses have to start a whole brand new round of layoffs? executive after executive came on this show to say, look, we can't do a thing. what's the point? we will just have to undo it. business confidence plummeted, and the idea of forming a new business. well, remember when the ceo of paychex came on and talked about the paralysis caused by the cliff? who would leave his job to start a new business in that environment? okay. retail sales weren't that bad. but they nose dived right at the end of the quarter. retailers were afraid to restock inventory figuring that spending would drop off the cliff right along with the nation's finances. it was all in all a very bad time for our nation. now, overlay the storm of the century for the northeast. one that shut down the wealthiest area of the country for several weeks and caused what ultimately may be $100 billion in damage. you had the physical shutdown from the storm neatly and miserably dovetailing with the mental shutdown cause
would the alternative minimum tax snare millions of people? would businesses have to start a whole brand new round of layoffs? executive after executive came on this show to say, look, we can't do a thing. what's the point? we will just have to undo it. business confidence plummeted, and the idea of forming a new business. well, remember when the ceo of paychex came on and talked about the paralysis caused by the cliff? who would leave his job to start a new business in that environment? okay....
58
58
Jan 31, 2013
01/13
by
WBAL
tv
eye 58
favorite 0
quote 0
they raised cash knowing they might need that cash to pay much higher taxes, the taxes that a failed attempt to fix the cliff would produce. a huge amount of dough moved to the sidelines immediately. companies themselves accelerated dividend payouts, putting tens of billions of dollars into the hands of shareholders who had no idea what to do with the money other than sit on it. so we came into the new year and we were paralyzed. inventories lean, huge part of the country damaged by a storm, totally dysfunctional food fight animal house government, and we're brimming with cash everywhere, for the biggest rainy day of all, the day we jumped over the cliff. but then we don't do the cliff dive. and contra to stock seer bob dylan, the hard rain, it didn't fall. in fact, we didn't get that much. we didn't get dinged except for the rich, who are the most able to handle it. all right, yeah, i can make a big deal about payroll tax thing, that's no problem. nevertheless, it's a small fraction of what we really feared. stocks kept their favored status, including relatively low taxes on dividen
they raised cash knowing they might need that cash to pay much higher taxes, the taxes that a failed attempt to fix the cliff would produce. a huge amount of dough moved to the sidelines immediately. companies themselves accelerated dividend payouts, putting tens of billions of dollars into the hands of shareholders who had no idea what to do with the money other than sit on it. so we came into the new year and we were paralyzed. inventories lean, huge part of the country damaged by a storm,...
195
195
Jan 25, 2013
01/13
by
CNBC
tv
eye 195
favorite 0
quote 0
it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from beemus. its tom symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brand new bull market in packaging of all things. you're going to sey 15id that. i'm expecting a very good quarter after the close. we get the new one, the ipo, barry plastics. the other packaging bull market player. i think there's a lot to like here too. on the lookout for both of these. if buy my stock goes down ahead of when it reports, buy its stock. all right. now, on friday morning i think you're going to see the contrast between the world's largest oil company, exxon, which has truly become a serial disappointer, and chevron, which has become a company that delivers som
it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from beemus. its tom symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brand new bull market in...